Talk of overturning austerity aside, Greece still needs the last 7.2 billion euro installment of the bailout to cover its financing gap. For the time being, then, the new government will need to abide by the program’s requirements—that is, the very combination of austerity and reform that Syriza has pledged to overturn. This may be enough to break the party.

In September, Alibaba Group launched the largest IPO in history, raising $25 billion from investors keen to own a slice of China’s most successful e-commerce company. For the moment, the potential for vast wealth overrode concerns about the unusual corporate structure and governance practices of Alibaba and firms like it. Maybe it shouldn’t have.

Fed policy is once again revealing which emerging markets have strengthened their defenses against a tightening in U.S. monetary policy and which remain vulnerable. For its part, Turkey is firmly in the latter camp.

In recent years, Occupy Wall Street hasn’t been the only group worried about how the spoils of economic growth have been distributed. Governments worldwide increasingly share the sentiment: like the pinched middle classes, they feel that corporations are taking too much of the profits for themselves. Here's the OECD and G-20's plan to get them to pay more.

In recent years, U.S. and European officials have aggressively targeted terrorist financing networks. Those efforts have come at a high cost, restricting access to the financial system and pushing more cash into the shadows.

As the euphoria associated with Narendra Modi’s extraordinary victory gives way to the duties of the office, the new prime minister must start delivering on his economic promises. Here's how he can do it.

In today’s dollar-dominated financial system, changes in U.S. monetary policy can have immediate and significant global effects, wrecking economies and toppling regimes. As a result, for many countries monetary sovereignty is nothing but a dream.

There’s limited evidence that wealth inequality has actually worsened in the United States in the last 30 years. And, even if it does eventually get worse, imposing a tax on wealth is a terrible way to promote equality. It would actually benefit the super wealthy the most.

Sanctions might not stop Russia's destabilization of Ukraine, but Western policymakers should embrace them for another reason: because they can put a nail in the coffin of the project that started the Ukraine crisis to begin with -- Eurasian integration.

Wealthy Russian expats seem to wield substantial influence over the British government's approach to the Ukraine crisis, which points to the outsized role that such super-rich play in British politics. But all that foreign money reveals deep structural weaknesses in the British economy.